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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Mar. 31, 2016
Dec. 31, 2015
Assets    
Cash and cash equivalents $ 128 $ 133
Accounts receivable, net of allowance for doubtful accounts of $269 and $254 at March 31, 2016 and December 31, 2015, respectively 952 901
Inventories 82 84
Prepaid expenses and other current assets 138 207
Assets held for sale 193 176
Total current assets 1,493 1,501
Property, plant and equipment, net 925 925
Goodwill 5,996 5,905
Intangible assets, net 1,008 984
Investment in equity method investees 471 473
Other assets 204 174
Total assets 10,097 9,962
Liabilities and Stockholders' Equity    
Accounts payable and accrued expenses 932 1,014
Current portion of long-term debt 158 159
Total current liabilities 1,090 1,173
Long-term debt 3,740 3,492
Other liabilities 529 514
Redeemable noncontrolling interest 72 70
Quest Diagnostics stockholders’ equity:    
Common stock, par value $0.01 per share; 600 shares authorized at both March 31, 2016 and December 31, 2015; 216 shares issued at both March 31, 2016 and December 31, 2015 2 2
Additional paid-in capital 2,493 2,481
Retained earnings 6,244 6,199
Accumulated other comprehensive loss (40) (38)
Treasury stock, at cost; 75 shares and 73 shares at March 31, 2016 and December 31, 2015, respectively (4,063) (3,960)
Total Quest Diagnostics stockholders' equity 4,636 4,684
Noncontrolling interests 30 29
Total stockholders' equity 4,666 4,713
Total liabilities and stockholders' equity $ 10,097 $ 9,962